From the Minneapolis Star Tribune:
The dwindling of the American middle class has been much documented over the past three decades. Now comes a sobering reminder from the Brookings Institution that middle-class neighborhoods are disappearing even faster than middle-class people. Or, to put it another way, Americans are increasingly sorting themselves geographically into income-based enclaves where the haves and have-nots seldom mingle.
From 1970 to 2000, the proportion of middle-income neighborhoods in the nation’s 100 largest metropolitan areas declined from 58 percent to 41 percent, according to a new Brookings report. That was a faster drop than the metrowide share of middle-income families. Their proportion fell from 28 percent in 1970 to 22 percent in 2000. Given more recent trends in household incomes, it’s likely that the rich-poor gap has continued to widen.
I know that the middle class has been written about a lot. However, I’ve never seen any stats that the middle class overall is actually shrinking. That said, I’m not sure why this author is so confused?
Let’s see if I get this right – I have some money but my neighborhood is going down the toilet as crime goes up, the schools are poor, there’s no where to park, my kids have no place to play, I’d like to have my own single family home with grass and a couple of trees, and I want to get away from the noise and the smells. And the bite of city taxes are rising faster than my income. But this guy is upset that I want out and don’t want to stick around? Umm, no.